Articles
Insurance
London insurance market based consultancy r10 Consulting has entered into a strategic partnership with Alchemy Technology Services, a Northern Ireland-based insurance technology provider. 8 November 2018
Insurance
The property/casualty reinsurance sector will merge to end up in a similar structure as the global life reinsurance sector, SCOR CEO Denis Kessler said during a Nov. 6 S&P Global Ratings insurance conference in London. 6 November 2018
Alternative Risk Transfer
While insurance-linked securities (ILS) are now estimated to be providing around 15 percent of total reinsurance capacity, SCOR CEO Denis Kessler believes that it could grow to 25 percent or a maximum of 30 percent. 6 November 2018
Insurance
Fairfax Financial Holdings, which owns a number of re/insurers including Allied World, Brit and Zenith National, posted a solid net profit in the third quarter of 2018 despite exposure to a number of natural catastrophes in the quarter. 2 November 2018
Insurance
Reinsurer TransRe, which is owned by Alleghany Corporation, enjoyed some growth in the third quarter of 2018 but made an underwriting loss as a result of exposure to various catastrophes in the third quarter. 2 November 2018
Insurance
Alleghany Corporation, which owns reinsurer TransRe and insurers RSUI and CapSpecialty, enjoyed strong growth in the third quarter of 2018 – but this was mainly driven by non-insurance related revenues. Its profits were also hit by exposure to losses from natural catastrophes. 2 November 2018
Insurance
S&P Global Ratings has revised its outlook on Bermuda-based RenaissanceRe Holdings and its operating subsidiaries to negative from stable following its acquisition of Tokio Marine Holdings' reinsurance platform for $1.5 billion. 2 November 2018
Insurance
Bermuda-based Arch Capital Group is to acquire McNeil, a New York-based provider of specialized risk management and insurance programmes. 2 November 2018
Insurance
Insurance service provider Davies Group has acquired Veriphy, a specialist KYC (know your customer) and AML (anti money laundering) compliance solutions SaaS (software as a service) business. 2 November 2018
Insurance
US-based insurtech Compare.com, an online car insurance comparison platform, has raised $35 million to help fuel its expansion and brand development. 2 November 2018
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